Share Name Share Symbol Market Type Share ISIN Share Description
Salvarx Group Plc LSE:SALV London Ordinary Share IM00BZ4SS228 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 4.50 0.00 0.00 0.00 0.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Health Care Equipment & Services 0.0 -0.5 1.0 4.5 2

Salvarx Share Discussion Threads

Showing 226 to 250 of 500 messages
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older
DateSubjectAuthorDiscuss
14/8/2018
16:22
The news has not been released on the CES either as far as I can tell, and the trading halt is still in place, so no way to gain reaction of Portage shareholders. Its all very odd. 250% - If something is too good to be true, then it probably is.
bandflex
14/8/2018
16:01
I find it strange that I can't find any mention of today's announcement here, given it would involve the issue of 758m shares. This is the right site? hTTps://www.portagebiotech.com/
typo56
14/8/2018
15:53
The RNS talks of the share offer being valued at US$1.80, not C$1.80. "Based on the Portage share price of US$0.10 (being the price of the last trade on the OTC on 10 August 2018)".
typo56
14/8/2018
15:25
The share offer, valued at C$1.80 a share, translates to 108p. Portage Biotech last traded on 9 August and is valued at just C$28 million. However it enjoyed a spectacular success at the end of last year distributing shares in Biohaven, one of the most successful biotech 1POs in New York. SalvaRx CEO Ian Walters loathed AIM. He is on the board of Portage. Clearly today's news is being treated with huge suspicion given the price reaction but biotech is much better understood on the other side of the Atlantic and should be better valued accordingly.
wiseacre
14/8/2018
14:03
some smart money, most just lucky ...... sell on a spike on AIM as it nearly always dissipates......
kristini2
14/8/2018
13:37
looks like the smart money sold at 80/90p....??
dexdringle
14/8/2018
13:21
salvx are not the most liquid stock -portage is possibly more liquid often days would pass with no trade in salvx stock
kristini2
14/8/2018
12:49
If Portage Biotech were liquid and in demand, surely a better solution would be for them to place the shares and pay SALV shareholders in cash? If they are not so liquid and in demand, who says you'll be able to sell them for anything like US$0.10 when you receive them?
typo56
14/8/2018
11:40
Well,Yahoo Finance has Portage on a market cap of around $28 million.So an extra $67.5 million in shares looks rather large.
shakyhands
14/8/2018
11:31
bigego said "Some real bell ends not understanding what is quite a simple transaction here today". Fab. You clearly do understand it then. If you could please explain it in layman's terms that would be great. If you could chuck in something, with some supporting maths, about why 80p is now the price per share and how that is derived from the maths of the deal that would be extra useful. Thanks bigego
dexdringle
14/8/2018
11:11
Market must be expecting a fairly severe downside correction in portage share price at the open based on salvx trading here this morning
kristini2
14/8/2018
10:40
Just seen a typically misleading post on LSE suggesting you get more shares if Portage falls. To be clear you do not get more shares if the the Portage share price falls and you do not get fewer shares if the Portage share price goes up. The deal is for 757,943,784 shares in Portage at the price of 8.9c, so a discount to yesterdays closing price. The number of shares remain the same regardless of whether Portage shares go up or down, its the value of the deal that changes depending on the Portage share price because it is shares in Portage you will receive not cash. I should point out that the share price is not fixed at 8.9c before some twitter clown suggests it is.
bandflex
14/8/2018
10:32
Some real bell ends not understanding what is quite a simple transaction here today.
bigego
14/8/2018
10:25
And where do you get your magic £50m from ? thin air!
bandflex
14/8/2018
10:20
so salvxr gives up all interest in intensity, iox etc and is then a cash shell, sitting on £50m and valued today at £28m? Could i remain a salvx investor as i guess mellon will start an investment strategy with the cash received? i would have to sell the shares and then reinvest......?
kristini2
14/8/2018
09:50
If the deal goes through and you want to keep Portage shares its worth bearing this in mind - "The CSE is a junior stock market in Canada and is not widely traded by investors in the UK. A number of UK-based brokers do, however, offer a trading platform for investors to dematerialise their Demerger Shares (should they wish to do so) and deal in Portage Shares electronically. Shareholders wishing to hold their Demerger Shares in dematerialised form should, in the first instance, speak to their existing broker to see whether they provide this service. If they do not provide this service Shareholders should contact other brokers."
bandflex
14/8/2018
09:45
Jim Mellon is a director of Portage, Ian Walters the CEO of SALV is on the Portage board though he isn't shown on the Portage website. Very much a related party deal. As it is an all share deal it will be interesting to see what happens to the Portage share price when the markets open. Portage (PTGEF) yesterday closed at 10c with a market cap of $28m, they are offering $65.7m in shares for SALV. Portage shareholders have yet to vote on this and no timing has been announced yet, it will mean massive dilution for them. Demerger shares can only be traded in Canada. SALV intends to become a cash shell if the deal goes through. Value to SALV shareholders depends entirely on direction of Portage share price and Portage shareholders voting yes to the deal.
bandflex
14/8/2018
09:34
This is basically a Reverse Takeover Portage after paying out their cash winnings from previous investments were looking for investments, they get to buy SALV on the cheap and take it over to the Canadian market where they have a great reputation amongst that Investor base I think SALV now goes from strength to strength Will be holding my SALV and looking for 400p+ hTtps://twitter.com/Stockonomist/status/1018920202627665920
the stigologist
14/8/2018
09:31
Found the Canada listing - PBT.U Only looked because they said Canadian listed in the announcement.
shakyhands
14/8/2018
09:31
Found the Canada listing - PBT.U Only looked because they said Canadian listed in the announcement.
shakyhands
14/8/2018
09:14
that's it on the OTC i think They are offering the GBP equivalent of circa £1.40 so why sell at this price ?
kristini2
14/8/2018
09:09
I couldn't find Portage in Canada - just the OTC.
shakyhands
14/8/2018
09:09
I couldn't find Portage in Canada - just the OTC.
shakyhands
14/8/2018
08:57
Dear The Stig Oh I see.....free money......people buying at 90p are still going to get guaranteed free money in the future.... Thanks for clearing that up. There was me thinking that the market price (90p) reflected the likely benefits in full. I paid 34p each for these. I suspect that qualifies me not to be categorised as a "fekking idiot". I could be wrong....
dexdringle
14/8/2018
08:47
250% premium from 40p..
letmepass
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